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<br />83~ 004562
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<br />prior to entry ofa judgment enforcingthi. Mortgage if: (a) Borrower pays Lender all sums which would be then due under
<br />this Mortgage, the Note and notes securing Future Advances, if any, had nn acceleration occurred; (6) Borrower cures all
<br />oreaches of any other covenants or agreements of Borrnwer contained in this Mortgage; (c) Borrower pays all reasonable
<br />ex~nses incurred -by - Lender in enforcing the- covenants and agreements of Borrower contained in' this Mortgage and.-in
<br />enfor-cing-Lender's remedies as'provided in-paragraph 18 hereof. including,- but not limited to,.reasonable-attorney's tees:.and
<br />(d)" B9rrower-takes such action- as Lender may reasonably require to assure that the lien of this Mortgage, Lender's interest
<br />in the Property and Borrower's obligation to pay the sums secured by this Mortgage shall continue unimpaired, Upon such
<br />payinent and cure by Borrower, this Mortgage andlhe obligations secured hereny s;,allremain in full force and effect as if
<br />nO acceleration had occurred.
<br />20. Assignment of Rents; Appointment of Receiver; Lender in Possession. As additional security hereunder, Borrower
<br />hereby assigns to Lender the rents of the Property, provided that Borrower shall, prior to acceleration under paragraph 18
<br />hereof or abandonmentof the Property. have the right to collect and retain such Tents as they become due and payable,
<br />Upon acceleration under paragraph 18 hereof or abandonment of the Property, Lender, in person, by agent or by
<br />judiCially appointed receiver. shall be entitled to enter upon. take possession of and manage the Property and to collect the
<br />rents of the Property, induding those past due, All rents collected by Lender or the receiver shall be applied first to payment
<br />of the costs of management of the Property and collection of rents. including. but not limited to. receiver's fees, premiums on
<br />receiver's bonds and reasonable attorney's fees, and then to the Slims secured by this Mortgage. Lender and the receiver
<br />shall be liable to account only for those rents actually received,
<br />21. .Future Advances. Upon request of Borrower. Lender. at Lender's option prior to release of this Mortgage, may
<br />make Future Advances to Borrower. Such Future Advances. with interest thereon. shall be secured by this Mortgage when
<br />evidenced by promissory notes stating that said notes are secured hereby. At no time shall the principal amount of the
<br />indebtedness secured by this Mortgage, not including sums advanced in accordance herewith to protect the security of this
<br />Mortgage, exceed the original amount of the Note plus US$. ' . llP.ne.
<br />22. Release. Upon payment of all sums secured by this Mortgage, Lender shall discharge this Mortgage without
<br />charge to Borrower. Borrower shaH pay all costs of recordation. if any.
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<br />IN WITNESS WHEREOF, Borrower has executed this Mortgage.
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<br />Arl ine F. Sorensen -Borrower
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<br />STATE OF NEBRASKA,. ,. ,..... " ,~~J J. . . " , , " " " " . , , , ". . " ,County 55:
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<br />On this......; .~~tb.". . day of., .1\.U.9.U,s,t.,., "., 19,~~:, before me, the unqersireed, a Notary Public
<br />duly commissioned and qualified for said county, personally came, .1'11. r;:bil!!J. ,c.ilG.Y " ,SJ fI.9. ,~-, ,~I)~, , , . ' . . ' . ,
<br />,.Arline. .1':" .SQr!!!1~~.n., .~il)gJ~..", q" q"","',',""'" "",. q.".,.. to me known to be the
<br />identical person(s) ,?,hose name(s) are subscribed to the foregoing instrument and acknowledged the execution
<br />thereof to be. , ,1;1J~1 r. , . . ' , , ,voluntary act and deed.
<br />Witness my hand and notarial seal at. . ~.r,aJ\<:! );i J 1111.4.. .l'j~Qril?J<.a. . , , , , . ' . ' , ' , . , ' .in said county, the
<br />date aforesaid.
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<br />q ,,1?/tu., .1!i~fm:. ,g~:-:....
<br />( / _I Notary Public
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<br />My Commission expo
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<br />(Space Below This Line Reserved. For Lender and Recorder}
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